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Chinese Travelers Show No Signs of Slowing

Chinese travelers are staying on the move. According to Hotel.com’s fifth annual Chinese International Travel Monitor, 92 percent of Chinese travelers plan to increase or at least maintain their current spending on travel. Approximately 120 million Chinese travelers visited overseas ...

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Lending Strong for Smaller Hotel Projects

In today’s lending environment, established developers with strong track records can still get financing for projects that cost less than $20 million, speakers said at the ALIS Summer Update. However, investments in the $150 million to $200 million range can ...

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In Response to Airbnb, Hotels Innovate

It is no secret that the hotel industry has its share of concerns about Airbnb and like-companies. But while Airbnb faces regulatory and ethical issues, it has also prompted hoteliers to respond to the competition by innovating the hotel model. ...

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Nice Region Hotel Reservations Down

Hotels and retailers in Nice have experienced losses since the terrorist attack that killed 84 people on July 14. French Economy Minister Emmanuel Macron says hotel reservations in the area have dropped between 20 and 30 percent. In the short term, the ...

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Travel Industry Prices to Slightly Increase

Travel industry prices are set to marginally increase or remain flat in 2017, according to a report from the GBTA Foundation and Carlson Wagonlit Travel. Key risks for the global market include financial market turbulence, uncertainty surrounding Brexit, potentially fluctuating ...

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Amid Turbulent Year, International Travel Remains Strong

2016 has been a year filled with some controversial and worrying world news, but the travel sector remains strong. Between January and April of this year, destinations around the world welcomed 18 million more international travelers than the same period in ...

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